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Yep, I know allll about this. It's how I "stole" my last boat. Not to worry, I won't be taken or intimidated by brokers. It's also why I'm shy about declaring my budget. Asking price and selling price are completely different.

Just finished reading through all your boat related blog posts, great stuff. Saw the picture of the ad with Libby in it and the final list price. It sounds like your budget is slightly higher then that now. I don't know of any unlisted sailboats at the moment but there are several in the Vancouver/ Van Island area that seem to be in what I assume is your price range. If your interested try searching on the Vancouver/Victoria Kijiji websites as well as UsedVictoria.com, or send me a pm and I can point you towards a few. In the interests of full disclosure you might end up bidding against me, but I'd hate to see one of the few single handing female liveaboards that I know of, disappear.

What I'm really looking for are boats that are not listed on line, boats that people are considering selling but haven't listed yet. I'm trying to float a balloon and see what else is out there.

Then what you should do is walk the storage areas of local marinas. Talk with the staff there about boats that interest you on the hard -- ones that have been there a while, look neglected, but aren't trash yet. The staff might be able to give you some insight on who would be open to an offer.

I'll try to think of a creative way to demonstrate my budget. I'd say boats in my price range were made in the 70s and early 80s, 30-36 feet, sloops, nothing too fancy. Pacific Seacrafts, Cape Dorys, Ta Shings, while great boats, way too much mulah. It's tough, because right now with this market, if a seller is motivated, the deals are spectacular. But then, i've seen a couple of Islanders, in worse shape than mine (pre-damage) asking a whopping lot. Tough to say.

Well done! What a great way to give a budget without revealing your wallet.

I have a copy of 48 north on my table. Dog-eared. I've got bookmarks to possible boats on YW, Sailboat listings, Craig's List. What I'm really looking for are boats that are not listed on line, boats that people are considering selling but haven't listed yet. I'm trying to float a balloon and see what else is out there.

Just remember that asking price is not selling price. If the boat fits your needs then go look at it. If you like it then put in a bid.

You have NO IDEA why the owner is selling but assume they need the money fast.
Bid what u can afford. All they can say is no.

Yep, I know allll about this. It's how I "stole" my last boat. Not to worry, I won't be taken or intimidated by brokers. It's also why I'm shy about declaring my budget. Asking price and selling price are completely different.

08-16-2012 05:09 PM

ParadiseParrot

Re: My Boat was Hit Bad

Just remember that asking price is not selling price. If the boat fits your needs then go look at it. If you like it then put in a bid.

Quick anecdote.

I moved to Florida in 95.

No job etc etc.

I looked at houses I could buy cash.
I found one that for reasons of New Jersey estate law could not be closed in less that 60 to 90 days. At the time 30 days to close where what most people had to have per there finance company. I put in a bid for 65% of asking price....Broker flipped out of course but by law they must submit. I closed for 68% of asking by being a hard butt. They had to sell because estate was open. It was on the market for 9 months.

You have NO IDEA why the owner is selling but assume they need the money fast.
Bid what u can afford. All they can say is no.

Courtney,
As someone who could not bear the idea of the insurance company owning my damaged boat which would most likely end up in a dumpster I decided to buy her back for cheap ($800 - $1000 off my settlement check).
The damage to my boat was mostly a hole in the hull deck joint (3" x 12" approx), roller furler, bow pulpit and jib trashed. Beyond that were some sections of damaged teak toe/cap rail.

I guess what I am saying is that while I have only seen pictures of the damages to S/V Libby I don't think that those damages are much worse then I was able to fix, myself. I had money left over for other goodies for my beloved boat.

I'm not sure how you came up with your estimates for repair or who you used (if you found people willing to offer an estimate). I still think you should contact Baggett & Sons: Baggett and Sons Marine Restoration
My $.02.

Part of my settlement deal was me getting a check and keeping the boat. I didn't have to buy her back, she's mine to do with as I see fit. That's nice. Regards the damage, it's much more than a hole in the cabin. There's extensive deck de-lamination, damaged hardware ($1200 in parts alone), a bulkhead was shifted and needs to be rebuilt, bowsprit bent, interior damage, and on and on. The damage to the boat is a lot, more than a patch job. I had CSR work up the estimate for me, and I have heard of Charlie Cobra doing good work. There's more to it than just having it repaired, there's the logistics of where will I stay? I live aboard. It's summer, hotels are expensive. It's just a pain in the @ss to spend thousands to repair a boat, lose so much time, and still have a boat that needs my upgrades. Mathematics are not in Libby's favor right now.

I understand, but a general ballpark, give or take 5k will help those of us trying to help narrow down the search and save you some time and frustration.

I'll try to think of a creative way to demonstrate my budget. I'd say boats in my price range were made in the 70s and early 80s, 30-36 feet, sloops, nothing too fancy. Pacific Seacrafts, Cape Dorys, Ta Shings, while great boats, way too much mulah. It's tough, because right now with this market, if a seller is motivated, the deals are spectacular. But then, i've seen a couple of Islanders, in worse shape than mine (pre-damage) asking a whopping lot. Tough to say.

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